Binance Labs invest about $4.5M in Ambit Finance to develop DeFi
Binance Labs, the venture arm of Binance, has invested up to $4.5 million in Ambit Finance, a DApp that uses new financial products to add value to BUSD and crypto assets.
Binance Labs and Ambit will collaborate to launch future DeFi applications with a focus on security and risk control. They will also collaborate with projects in the BNB Chain ecosystem.
Ambit will create a stablecoin that will generate income based on BUSD. It is designed to provide profit under any market conditions.
The project roadmap also includes the creation of a DeFi Superapp containing features such as secured lending, secured margin lending, and structured products for financial institutions. Ambit will strive to provide the most unique experience in all of Web3 and become the hub of DeFi activity.
Binance Labs CEO I He commented, “Binance Labs is always willing to invest in and develop promising DeFi projects. We hope there are solutions that can contribute to build a robust DeFi industry even in a turbulent market.”
Topic: Crypocto - page 3. (Read 1703 times)
Greet the new coin on our exchanger - Monero
The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed today thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed. You’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token.The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
Here are my summaries. xmrbtc is now at its lowest level in years, while all other indicators have risen. Hashrate, number of nodes, number of transactions per day, usage rating, number of projects that accept Monero, development of technology in general. The atomic swap from comit-network was developed and integrated, the Haveno decentralized exchange was made. And with all this, according to the datamish com website, there are 2 times more shorts on the coin than longs. The coin has a huge fanbase, most agreeing that they are trying to regulate the coin, not only with speculation, but also with some FUD. Also, during the May fall of bitcoin, many exchanges decided to temporarily ban the withdrawal of this coin without explanation. It was simply suffocated.
the least volatile coin, seems the Colombian barons keep the course
Cryptocto on BestChange!
Now you can find us on BestChange - the leader among cryptocurrency exchange monitorings. It is created for those who want to securely exchange electronic money on the Internet with minimal commission. The main thing that BestChange guarantees to its customers is the security of transactions at the exchangers presented on it.
Our Cryptocto exchanger is also in the ranking of the best and most reliable representatives of this market and now you can find us in the top for a variety of currency pairs. See you at the listings!
Now you can find us on BestChange - the leader among cryptocurrency exchange monitorings. It is created for those who want to securely exchange electronic money on the Internet with minimal commission. The main thing that BestChange guarantees to its customers is the security of transactions at the exchangers presented on it.
Our Cryptocto exchanger is also in the ranking of the best and most reliable representatives of this market and now you can find us in the top for a variety of currency pairs. See you at the listings!
Greet the new coin on our exchanger - Monero
The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed today thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed. You’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token.The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
Here are my summaries. xmrbtc is now at its lowest level in years, while all other indicators have risen. Hashrate, number of nodes, number of transactions per day, usage rating, number of projects that accept Monero, development of technology in general. The atomic swap from comit-network was developed and integrated, the Haveno decentralized exchange was made. And with all this, according to the datamish com website, there are 2 times more shorts on the coin than longs. The coin has a huge fanbase, most agreeing that they are trying to regulate the coin, not only with speculation, but also with some FUD. Also, during the May fall of bitcoin, many exchanges decided to temporarily ban the withdrawal of this coin without explanation. It was simply suffocated.
It's ironic that you have to talk about XMR without ignoring Bitcoin. This gets show which one is "real" and which other one was a copycat or was inspired by the other one
Im not pretending on the veracity of my claims, it better be called my observational opinionStart by reading the white paper, maybe you will understand the main purpose of Bitcoin
Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed
It's ironic that you have to talk about XMR without ignoring Bitcoin. This gets show which one is "real" and which other one was a copycat or was inspired by the other onetoday thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed.
Start by reading the white paper, maybe you will understand the main purpose of BitcoinYou’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token.
Says someone who still uses fiat. Greet the new coin on our exchanger - Monero
The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
Glad that money is still becoming more noticeable in crypto sphere.. XMR (Monero)is the ONLY real Bitcoin that had ever existed today thanks to Bitcoin, monero fixed the one factor Bitcoin had only missed. You’re money should only be yours to do with however you like without anybody else being able to view you’re transactions and holdings. This is the final solution of how money will finally be valuable-since 1971 abolishing of the gold standard. 50 years of worthless money is now fully completed with this privacy token. The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
Greet the new coin on our exchanger - Monero
The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
The list of cryptocurrencies in the Cryptocto continues to expand. We have added a new cryptocurrency that you can buy or sell - Monero (XMR). It is very popular and we are sure that many were looking forward to it.
Right now on our site you will find 18 cryptocurrency pairs with Monero, including Bitcoin, Ethereum, Tether USD, etc. Exchange fees are included in the exchange rate, so you don't have to calculate them separately.
Mastercard will simplify banks' operations with cryptocurrencies
International payment giant Mastercard is launching a new program to work with banks. It will accelerate and facilitate operations with cryptocurrencies.
Mastercard will act as an intermediary between Paxos (a well-known crypto-provider) and banks. The company will reportedly oversee security and regulatory compliance.
"There are a lot of customers who are interested in crypto. But to be more confident, they want such services to be offered by financial institutions," explains Mastercard's director of digital technology, Jorn Lambert.
He added that Mastercard's role is very simple. They will be intermediaries and will leave banks their main job: to control and check clients' transactions, prevent money laundering, etc. Mastercard plans to launch the new product in the first quarter of 2023 within one region. And if it will be successful, the service will appear all over the world. The company did not say which banks will participate in this project.
Interestingly, bitcoin was invented to break the monopoly of banks and intermediaries (including Mastercard). Blockchain technology makes it possible to transfer money without intermediaries and with minimal fees. Lambert also said:
"Cryptocurrency is on the cusp of the mainstream. But for now, it needs to merge with existing players. Without intermediaries from trusted companies, digital currencies will not achieve mass adoption"
It’s hard to believe that the crypto industry will truly go mainstream without embracing the financial industry as we know it International payment giant Mastercard is launching a new program to work with banks. It will accelerate and facilitate operations with cryptocurrencies.
Mastercard will act as an intermediary between Paxos (a well-known crypto-provider) and banks. The company will reportedly oversee security and regulatory compliance.
"There are a lot of customers who are interested in crypto. But to be more confident, they want such services to be offered by financial institutions," explains Mastercard's director of digital technology, Jorn Lambert.
He added that Mastercard's role is very simple. They will be intermediaries and will leave banks their main job: to control and check clients' transactions, prevent money laundering, etc. Mastercard plans to launch the new product in the first quarter of 2023 within one region. And if it will be successful, the service will appear all over the world. The company did not say which banks will participate in this project.
Interestingly, bitcoin was invented to break the monopoly of banks and intermediaries (including Mastercard). Blockchain technology makes it possible to transfer money without intermediaries and with minimal fees. Lambert also said:
"Cryptocurrency is on the cusp of the mainstream. But for now, it needs to merge with existing players. Without intermediaries from trusted companies, digital currencies will not achieve mass adoption"
You can find Cryptocto on Exchagesumo!
For many years, Exchagesumo has been helping users find reliable resources and the most profitable currency pairs. On their platform, you can find ratings of the best online e-money and cryptocurrency exchanges.
Our Cryptocto exchanger is now also in the TOP of the best and most reliable representatives of this market, and regularly occupies a leading position in ratings for a variety of exchange pairs. Come and check for yourself!
For many years, Exchagesumo has been helping users find reliable resources and the most profitable currency pairs. On their platform, you can find ratings of the best online e-money and cryptocurrency exchanges.
Our Cryptocto exchanger is now also in the TOP of the best and most reliable representatives of this market, and regularly occupies a leading position in ratings for a variety of exchange pairs. Come and check for yourself!
Mastercard will simplify banks' operations with cryptocurrencies
International payment giant Mastercard is launching a new program to work with banks. It will accelerate and facilitate operations with cryptocurrencies.
Mastercard will act as an intermediary between Paxos (a well-known crypto-provider) and banks. The company will reportedly oversee security and regulatory compliance.
"There are a lot of customers who are interested in crypto. But to be more confident, they want such services to be offered by financial institutions," explains Mastercard's director of digital technology, Jorn Lambert.
He added that Mastercard's role is very simple. They will be intermediaries and will leave banks their main job: to control and check clients' transactions, prevent money laundering, etc. Mastercard plans to launch the new product in the first quarter of 2023 within one region. And if it will be successful, the service will appear all over the world. The company did not say which banks will participate in this project.
Interestingly, bitcoin was invented to break the monopoly of banks and intermediaries (including Mastercard). Blockchain technology makes it possible to transfer money without intermediaries and with minimal fees. Lambert also said:
"Cryptocurrency is on the cusp of the mainstream. But for now, it needs to merge with existing players. Without intermediaries from trusted companies, digital currencies will not achieve mass adoption"
International payment giant Mastercard is launching a new program to work with banks. It will accelerate and facilitate operations with cryptocurrencies.
Mastercard will act as an intermediary between Paxos (a well-known crypto-provider) and banks. The company will reportedly oversee security and regulatory compliance.
"There are a lot of customers who are interested in crypto. But to be more confident, they want such services to be offered by financial institutions," explains Mastercard's director of digital technology, Jorn Lambert.
He added that Mastercard's role is very simple. They will be intermediaries and will leave banks their main job: to control and check clients' transactions, prevent money laundering, etc. Mastercard plans to launch the new product in the first quarter of 2023 within one region. And if it will be successful, the service will appear all over the world. The company did not say which banks will participate in this project.
Interestingly, bitcoin was invented to break the monopoly of banks and intermediaries (including Mastercard). Blockchain technology makes it possible to transfer money without intermediaries and with minimal fees. Lambert also said:
"Cryptocurrency is on the cusp of the mainstream. But for now, it needs to merge with existing players. Without intermediaries from trusted companies, digital currencies will not achieve mass adoption"
Bitcoin hashrate reaches new all-time high
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
Looking for best times for mining. Thanks to PoS algorithm Ethereum is almost dead. Hoping new generations of ASIC will give for Btc a new breath
Apparently the global Ethereum mining was equivalent to the Netherlands power consumption but that has been effectively reduced by more than 99%.
Hopefully this will do something to address the fact that over the past several years, Nvidia has been acting like we need them more than they need us, though I personally doubt it. I would also like to think that it'd have a substantive effect on the pricing of videocards, especially the soon to be released ones, since the market has just contracted substantially...but the "free market" never seems to behave like we're told it should when that behavior would benefit consumers. How much you want to bet that the 4090 MSRP is larger than that of the 3090?
Bitcoin hashrate reaches new all-time high
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
Looking for best times for mining. Thanks to PoS algorithm Ethereum is almost dead. Hoping new generations of ASIC will give for Btc a new breath
Apparently the global Ethereum mining was equivalent to the Netherlands power consumption but that has been effectively reduced by more than 99%.
The UAE Ministry of Economy will open an office in the metaverse
UAE Minister of Economy Abdullah bin Tuk Al Marri said that the UAE Ministry of Economy will soon open office in the metaverse. It will provide a full range of services, including bilateral agreements with authorities and businesses.
The announcement was made at the first Dubai Metaverse Assembly. The conference was held in the UAE on 28 September.
This is how the minister commented on the new project: “This is not a concept. We're talking about a full-fledged third office."
In Dubai and Abu Dhabi, the department already has two representative offices. In terms of functionality, the new office is no different from their previous one. With the help of this institution, visitors will be able to get advice, sign legally binding papers and negotiate. As Al Marri said this is the "third address" of the agency.
In his opinion, this is not only a "curtsey" in favor of new technologies, but also a real step towards simplifying diplomatic relations. Now you do not need to travel to the UAE for the sake of small agreements.
UAE Minister of Economy Abdullah bin Tuk Al Marri said that the UAE Ministry of Economy will soon open office in the metaverse. It will provide a full range of services, including bilateral agreements with authorities and businesses.
The announcement was made at the first Dubai Metaverse Assembly. The conference was held in the UAE on 28 September.
This is how the minister commented on the new project: “This is not a concept. We're talking about a full-fledged third office."
In Dubai and Abu Dhabi, the department already has two representative offices. In terms of functionality, the new office is no different from their previous one. With the help of this institution, visitors will be able to get advice, sign legally binding papers and negotiate. As Al Marri said this is the "third address" of the agency.
In his opinion, this is not only a "curtsey" in favor of new technologies, but also a real step towards simplifying diplomatic relations. Now you do not need to travel to the UAE for the sake of small agreements.
Bitcoin hashrate reaches new all-time high
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
Looking for best times for mining. Thanks to PoS algorithm Ethereum is almost dead. Hoping new generations of ASIC will give for Btc a new breath
SWIFT and Chainlink jointly develop cross-chain interconnection project
On September 28, SWIFT and Chainlink announced a partnership. To implement this project, partners will have to develop a platform concept that will allow all blockchains to be combined into a single network.
The agreement was signed as part of the SmartCon 2022 conference taking place in New York. According to SWIFT strategist Jonathan Sole, interest in such a concept is due to high demand from large investors. Mostly traditional financiers are represented here. According to Sole, the usual blockchain infrastructure is not suitable for them.
Based on the Chainlink Interoperability Protocol, a concept will be created. In order for SWIFT messages to be freely broadcast over various networks, it is necessary to organize data exchange between sites.
Chainlink said that this will help accelerate the integration of DLT technologies in traditional finance. It will also attract additional capital to the market. SWIFT has previously stated that it plans to experiment with tokenized assets in the future.
On September 28, SWIFT and Chainlink announced a partnership. To implement this project, partners will have to develop a platform concept that will allow all blockchains to be combined into a single network.
The agreement was signed as part of the SmartCon 2022 conference taking place in New York. According to SWIFT strategist Jonathan Sole, interest in such a concept is due to high demand from large investors. Mostly traditional financiers are represented here. According to Sole, the usual blockchain infrastructure is not suitable for them.
Based on the Chainlink Interoperability Protocol, a concept will be created. In order for SWIFT messages to be freely broadcast over various networks, it is necessary to organize data exchange between sites.
Chainlink said that this will help accelerate the integration of DLT technologies in traditional finance. It will also attract additional capital to the market. SWIFT has previously stated that it plans to experiment with tokenized assets in the future.
Bitcoin hashrate reaches new all-time high
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
On September 11, the hashrate of the Bitcoin network reached 281.79 Eh/s. This all-time high shows an increasing interest from a wide audience. Because of this, the halving date has been pushed back to Q4 2023.
New highs confirm the statistics. The graph shows that since June the hashrate trend in the network has been growing rapidly, albeit with small “drawdowns”.
At the same time, this also aligns with the conclusions of the previous report that BTC miner revenues rose by 10% in August. The decline in the “farm” is coming to naught, with an increasing number of participants returning to processing blocks.
USA gave the green light to crypto banks: details of the new law
New rules for working with crypto banks were announced by the USA Federal Reserve. They will be able to obtain key accounts that allow them to make direct payments and get access to the federal reserves.
In fact, there is no term “cryptobank” in the guidelines. The regulator uses the phrase "institutions offering a new type of financial products". Now basically all accounts go to banks which are registered at the federal level. Crypto banks often experience long delays in processing master account applications. This is due to the uncertainty about how to grant traditional banking powers to such companies.
The new rules will be incorporated into the updated structure for reviewing applications for access. For crypto banks, this will allow them to quickly obtain the necessary powers and work without intermediary banks. As a rule, such companies require FDIC insurance (deposit insurance), otherwise the commission will more strictly check the candidate.
New rules for working with crypto banks were announced by the USA Federal Reserve. They will be able to obtain key accounts that allow them to make direct payments and get access to the federal reserves.
In fact, there is no term “cryptobank” in the guidelines. The regulator uses the phrase "institutions offering a new type of financial products". Now basically all accounts go to banks which are registered at the federal level. Crypto banks often experience long delays in processing master account applications. This is due to the uncertainty about how to grant traditional banking powers to such companies.
The new rules will be incorporated into the updated structure for reviewing applications for access. For crypto banks, this will allow them to quickly obtain the necessary powers and work without intermediary banks. As a rule, such companies require FDIC insurance (deposit insurance), otherwise the commission will more strictly check the candidate.
PayPal app fully integrated crypto payments
Paypal has added all the functionality of crypto payments to its application. Now you can buy cryptocurrency, pay with it in stores and transfer to other PayPal wallets. You can also convert it back to fiat via the mobile app. So far, the payment giant has only implemented 4 currencies – Bitcoin, Bitcoin Cash, Ethereum, Litecoin.
When you buy cryptocurrency, the minimum purchase amount will be only $1. For those who do not know all details yet, the brand has prepared training materials and videos. And they can be viewed right in the app. Also, for residents of some countries, the application offers an automatic completed tax form.
Paypal has added all the functionality of crypto payments to its application. Now you can buy cryptocurrency, pay with it in stores and transfer to other PayPal wallets. You can also convert it back to fiat via the mobile app. So far, the payment giant has only implemented 4 currencies – Bitcoin, Bitcoin Cash, Ethereum, Litecoin.
When you buy cryptocurrency, the minimum purchase amount will be only $1. For those who do not know all details yet, the brand has prepared training materials and videos. And they can be viewed right in the app. Also, for residents of some countries, the application offers an automatic completed tax form.
Hello, please carefully read the minimum amounts for exchange on our platform, in some exchange direction the minimum amount is less than 5 USDT.
Regarding cash transactions, this direction of exchange will be added to our platform in the near future
Regarding cash transactions, this direction of exchange will be added to our platform in the near future
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